Retail and Office Commercial
710-712 New Jersey Avenue North Wildwood, NJ 08260
For Sale
Contact for pricing
Two storefronts with rear delivery garage doors and window frontage, plus an office area with 10-foot ceilings and multiple bathrooms.
Property Size3,300 SF
Price / SF$181.79
Days on Market78
Property Features for 710-712 New Jersey Avenue
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Land
Listing Agency:
Blue Ocean Realty
Listed By:
Fredric DiAntonio · License #NJ 9702848
Source:
Crexi
Added: May 7
Changed: Jul 23
Last Checked: Jul 23 at 6:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Ocean Realty
Investment Insights
Based on property information with market context.
This commercial property includes two storefront areas and a private office with two rear open workspaces. The storefronts have approximately 25 feet of window frontage on New Jersey Avenue, and each storefront includes two half bathrooms. Delivery access is supported by two exterior rear garage doors, one for each storefront. The office portion features steel supports and vertical natural gas heaters, with approximately 10-foot ceilings throughout.
The building is zoned GB. The property is offered as-is, and renovations for new build-outs will be needed. Previously, the property was used as three commercial spaces. Existing business items are not included, and the property is described as easy to show.
The building is zoned GB. The property is offered as-is, and renovations for new build-outs will be needed. Previously, the property was used as three commercial spaces. Existing business items are not included, and the property is described as easy to show.
Key Highlights
- Two commercial storefronts in North Wildwood, with rear exterior garage doors for delivery access
- Storefront sizes include approx. 550 SF and approx. 680 SF, each with 25 ft of window frontage on New Jersey Avenue
- Private office area with two rear open workspaces totaling approx. 2,100 SF and 10 ft ceilings throughout
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.3k | $27.96 |
| − Vacancy | −$20.3k | −$6.15 |
| EGI | $72.0k | $21.81 |
| − OpEx | −$18.0k | −$5.45 |
| NOI | $54.0k | $16.36 |
3,300 SF · lease $27.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$771.1K
$674.7K – $899.6K
NOI $53,977 @ 7.0% cap · market cap 9.00%
Second Best
Retail
$546.5K
$478.2K – $637.6K
NOI $38,254 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$1.01M
$883.9K – $1.18M
NOI $70,710 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Two storefronts with rear delivery garage doors and window frontage, plus an office area with 10-foot ceilings and multiple bathrooms.
Where is this storefront property located?
The property is located at 710-712 New Jersey Avenue North Wildwood, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two commercial storefronts in North Wildwood, with rear exterior garage doors for delivery access; Storefront sizes include approx. 550 SF and approx. 680 SF, each with 25 ft of window frontage on New Jersey Avenue; Private office area with two rear open workspaces totaling approx. 2,100 SF and 10 ft ceilings throughout
